Creative Financial Designs Inc. ADV boosted its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,884 shares of the exchange traded fund’s stock after purchasing an additional 720 shares during the period. Invesco QQQ makes up approximately 0.8% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 29th largest position. Creative Financial Designs Inc. ADV’s holdings in Invesco QQQ were worth $12,829,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after purchasing an additional 375,581 shares during the period. PNC Financial Services Group Inc. grew its position in Invesco QQQ by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock worth $1,843,749,000 after purchasing an additional 8,038 shares during the period. Envestnet Asset Management Inc. grew its position in Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after purchasing an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. grew its position in Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares during the period. Finally, US Bancorp DE grew its position in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after purchasing an additional 7,378 shares during the period. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Down 0.6%
NASDAQ:QQQ opened at $701.53 on Wednesday. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.03. The company has a 50 day simple moving average of $632.36 and a two-hundred day simple moving average of $621.19.
Invesco QQQ Cuts Dividend
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Neutral Sentiment: Analysts highlighted that Nvidia’s upcoming earnings could be a major catalyst for QQQ and the AI trade, with investors watching closely for signs that big-cap tech can keep driving the market. What Nvidia Earnings Mean for VOO and QQQ
- Neutral Sentiment: One market update said the structural uptrend is still intact, but traders are becoming more selective as the AI rally shows signs of broadening fatigue. Retail Returns, Momo Retreats, NVIDIA Looms
- Neutral Sentiment: ETF commentary noted that QQQ remains a strong long-term technology vehicle and has historically beaten broader growth funds, reinforcing its role as a core tech holding. MGK vs. QQQ: Which Tech-Stock ETF Is a Better Buy?
- Negative Sentiment: Multiple articles pointed to weaker ETF and equity prices, with broad-market funds slipping and investors rotating away from risk assets, which can pressure QQQ. Exchange-Traded Funds Decline, US Equities Drop After Midday
- Negative Sentiment: Commentary warned that rising Treasury yields and renewed Fed rate-hike fears could hit high-growth tech valuations, a headwind for QQQ. Fed Rate Hike Fears: Rippling Through ETF Flows
- Negative Sentiment: Several opinion pieces argued that the AI-led rally is showing cracks and that investors should reduce risk into strength, adding to selling pressure in Nasdaq-linked funds like QQQ. Cracks Forming Within The AI Narrative Powering The Market Rally
Invesco QQQ Company Profile
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
Further Reading
- Five stocks we like better than Invesco QQQ
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
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